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Get the free RENEWAL OF LEASE AGREEMENT

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TENANCY AGREEMENT(RESIDENTIAL) This Agreement made the ___ day of ___ 20___ BETWEEN ___NRIC No:/Passport No:___ (the Landlord, successorsintitle and assigns) AND ___NRIC No/Passport No:___ (the Tenant,
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How to fill out renewal of lease agreement

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How to fill out renewal of lease agreement

01
Review the current lease agreement to understand the terms and conditions that need to be renewed.
02
Contact the landlord or property management company to express your desire to renew the lease.
03
Negotiate any changes to the lease terms, such as rent amount or lease duration.
04
Fill out the renewal form provided by the landlord or draft a new agreement if necessary.
05
Sign the renewal agreement and have the landlord or property manager counter-sign.
06
Make any required payments, such as a security deposit or first month's rent, as outlined in the renewal agreement.

Who needs renewal of lease agreement?

01
Tenants who wish to continue renting the property beyond the current lease term.
02
Landlords who want to extend the lease agreement with their current tenants.
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A renewal of lease agreement is a legal document that extends the terms of the existing lease for a specified period, allowing the tenant to continue occupying the property under similar conditions.
Typically, both the landlord and the tenant are involved in the renewal process, but the tenant is usually responsible for filing the renewal of lease agreement.
To fill out a renewal of lease agreement, the parties need to provide the date, the terms of the renewal including rental amount, duration, and any changes to the conditions, and both parties must sign and date the document.
The purpose of a renewal of lease agreement is to formalize the continuation of the leasing arrangement and to clarify any updated terms and conditions between the landlord and the tenant.
The renewal of lease agreement should include the names of the parties, property address, renewal period, rental amount, any changes to terms, and signatures of both parties.
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